My visa status is F1 (Indian citizen) and I'm trying to buy a business (fast food frenchise) for which I'm planning to hire American citizens so there wont be an issue of me working as a student.. want to know if this is possible and what are my chances.. if everything is smooth and simple I'm willing to settle this asap.. thank you
Hello and congratulations!
Yes, as a "non-resident alien" on an F-1 student visa you are indeed allowed to purchase any business in the USA which is willing to sell to you, just like you are permitted to invest in the stock and/or commodities or futures market. Just like you would be allowed to attend "stockholder meetings" and the like, by analogy you will also be permitted to attend "strategy and/or management meetings" with your manager and/or workers.
Just make sure not to "work" in it yourself, but instead hire others to do so for you.
Best of luck!
If my answer is the "BEST ANSWER" and/or "HELPFUL" please mark it accordingly. Fluent in 7 languages. Certified Specialist in U.S. Immigration & Nationality Law, The State Bar of California, Board Of Legal Specialization. 23 years of successful immigration law experience. The answer above is only general in nature cannot be construed as legal advice, given that not enough facts are known. It is your responsibility to retain a lawyer to analyze the facts specific to your particular situation in order to give you specific advice. Specific answers will require cognizance of all pertinent facts about your case. Any answers offered on Avvo are of a general nature only, and are not meant to create an attorney-client relationship.
Yes , you can do this. All you can do is hire the first, general, manager, then he/she will hire everyone else.
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